Scarcity in economics arises because
...Scarcity in economics arises because
the resources available are adequate
individuals have limited time
resources are limited in supply
human beings have limited wants
individual wants are equal to the resources available
Correct answer is C
No explanation has been provided for this answer.
Which of the following statements does NOT describe a situation of perfect competition? ...
Which of the following is a function of money? ...
Taxes levied on locally manufactured goods are called ...
A major factor contributing to productivity is ...
From the graph above, the consumer is at equilibrium at point ...
The equation MV PT is known as ...
Government imposes taxes mainly to ...
Find the median of the following set of data 35,10,14,38,15,18,22,30 and 28 ...